Who is a Risk Analyst?

A Risk Analyst is a professional who identifies, assesses, and mitigates potential risks that could impact an organisation’s financial health or operations. They use data analysis and forecasting to help businesses make informed, risk-aware decisions.

Overview of Risk Analyst Job Description

Analyse financial data, market trends, and economic conditions to identify potential risks.

Evaluate the impact of business decisions and external factors on company assets and operations.

Develop risk management strategies and recommend mitigation measures.

Prepare detailed reports and present risk analysis findings to stakeholders.

Ensure compliance with regulatory standards and internal risk policies.

Skills Needed to Become a Risk Analyst

* Analytical Thinking: Ability to interpret complex data and identify potential risks.

* Technical Proficiency: Skilled in Excel, R, Python, and data analysis tools.

* Risk Management Knowledge: Familiar with frameworks, policies, and regulatory standards.

* Communication Skills: Capable of explaining findings to technical and non-technical audiences.

* Detail-Oriented: Strong focus on accuracy and precision in data interpretation.

Understanding the Educational Pathway to Become a Risk Analyst

Class 12 (Commerce/Math)

Online Bachelor's Degree (B.Com, or Finance)

Internship (Banks or Financial Institutions)

Certification (FRM, or Risk Management Certifications)

Entry-Level Risk Analyst Role

Progress to Senior Risk Analyst or Risk Manager

🚀 Transform Your Career Today!

Ready to kickstart your journey as a Risk Analyst? Get personalized guidance and start building your dream career now!

100% Free • No Spam • Instant Response

Salary Range of a Risk Analyst in India

According to an Ambition Box and Glassdoor report, the salary of a Risk Analyst in India includes:

Entry-level Salary: 3 to 5 LPA

Mid-level Salary: 8 to 15 LPA

Senior-level Salary: 9 to 20 LPA

Entry Level

₹3 to 5 LPA

Mid Level

₹8 to 15 LPA

Senior Level

₹9 to 20 LPA

Top Industries and Recruiters Hiring Risk Analysts in India

* Top Industries: Consulting firms, Financial Services, Banking, Insurance

* Recruiters: PwC, EY, Deloitte, Tata Consultancy Services, EY

How to Prepare a Student to Become a Risk Analyst?

Build a strong foundation in math, economics, and finance.

Pursue a relevant degree like B.Com or BBA.

Learn Excel, Python, SQL, and data tools.

Take certifications like the FRM or CFA course.

Intern with banks or financial institutions early.

Follow industry trends and read financial reports.

Create a strong resume highlighting analytical skills.

Build a professional LinkedIn profile with certifications listed.

Why Choose a Career as a Risk Analyst?

High demand across various industry sectors

Plays a key role in decision-making

Attractive salary and career growth opportunities

Enhances critical thinking and analytical skills

Helps businesses minimise financial losses

Ready to Start Your Journey?

Take the first step towards becoming a Risk Analyst today

Main Category

Courses

Start Learning

Risk Analyst

Quick Navigation

Confused about your career path?

Connect with an expert counsellor today!

LIFETIME FREE

Our Top Mentor

Key Highlights

Ready to Begin?